News Release

2026-01-23

KINGSTON, JAMAICA – The Independent Fiscal Commission (IFC) has today released its January 2026 Economic and Fiscal Assessment Report (EFAR), providing a preliminary evaluation of Jamaica’s fiscal trajectory following the devastating impact of Hurricane Melissa. The report highlights that, while Jamaica continued a fiscally sustainable path up to September 2025, the Category 5 hurricane necessitated a temporary suspension of the fiscal rules to facilitate national relief, recovery and reconstruction.

2026-01-12

KINGSTON, Jamaica – The Independent Fiscal Commission (IFC) is proud to announce the launch of its first anniversary commemoration, marking one year since becoming fully operational on January 1, 2025. To celebrate this milestone, the Commission has unveiled a year-long roadmap for 2026, themed "A Year of Fiscal Vigilance".

2025-12-10

Kingston, Jamaica — The Independent Fiscal Commission (IFC) has validated the Government of Jamaica’s (GOJ) decision to temporarily suspend the country’s fiscal rules following the severe economic and social impact of Hurricane Melissa, which made landfall on October 28, 2025.

2025-10-01

Kingston, Jamaica – The Independent Fiscal Commission (IFC) today released its Statement on Fiscal Performance (SFP) report (www.ifc.gov.jm), providing an assessment of the Government of Jamaica’s (GOJ) achievement of the budget and fiscal targets as at end-June 2025, as required under the IFC Act.

2025-08-27

Kingston, Jamaica — Fiscal Commissioner, Mr. Courtney H. Williams has today provided clarity on the scope of the Independent Fiscal Commission’s (IFC) mandate in reviewing the Government of Jamaica’s (GOJ) fiscal policy. His remarks reaffirm the Commission’s role under the Independent Fiscal Commission (IFC) Act, 2021, which governs the Commission’s operations. Section 13 (3) of the IFC Act states “In carrying out the functions of the Fiscal Commissioner, under subsection (2), the Fiscal Commissioner shall only have regards to the policies of the Government in this regard and shall not consider any alternative policies”. Read More.

2025-06-05

Kingston, Jamaica — Courtney H. Williams, Fiscal Commissioner of the Independent Fiscal Commission (IFC) of Jamaica, participated in a high-level conference on fiscal governance in Santiago, Chile (June 3-4, 2025). Commissioner Williams was invited to join a distinguished five-member panel to discuss “Fiscal Council Challenges in the Region” under the broader theme; “Navigating Fiscal Challenges: Strengthening Fiscal Rules and Councils in LAC”.

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